(Beijing Comprehensive News) China Rong Trust, a subsidiary of China ’s largest asset management company, has been confirmed that overdue payment is confirmed, with an overdue amount of nearly 100 million yuan (RMB, the same below, S $ 18.68 million).
Comprehensive Bloomberg and Securities Times reported that after Xianheng International, Chinese listed companies Nandu Property and Jinbo shares also issued announcements on the evening of Friday (August 11) that the Zhongrong Trust plan for purchases failed to recover this on schedule.Gold and benefits.
Among them, the purchase amount of Nandu Property is 30 million yuan, and the two trust plans of Jinbo shares plan to purchase 60 million yuan.
According to Caixin reports, there are rumors that the overdue overdue of Zhongrong Trust is related to the liquidity crisis of China Plant, which has also aroused the market's concerns about other trust companies.Everbright Trust, Minmetals Trust and AVIC Trust issued a statement on the 11th, saying that the company was running normally.
Bloomberg reported that the trust industry has also been under pressure from the Chinese real estate industry in recent years.Zhongrong Trust and Ministry of Field Trust bought the rights and interests of at least 10 real estate projects in 2022, and bet that these unfinished homes eventually brought cash flow.
Zhongzhi is a financial giant that covers trust companies, private equity and wealth management, and manages assets as high as 1 trillion yuan.
